August 2004
Michigan
News
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Freshman class is bigger than ever |
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In
the Know |
Top financial surprises for new grads
Tips on keeping your car healthy
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Association
News |
Tailgate with Michigan this fall |
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Career |
How to make the most of your first job |

The biggest freshman class in U-M's history starts
school this fall. To accommodate the 6,000-member
class, guest housing on Oxford Road will be used
as dorms. Upperclassmen also received incentives
to move out of student housing on North Campus.
The class number is about 450 more than what the
University had anticipated.

Moving from the college world to the working world
can bring a whole slew of financial surprises.
According to eGrad, here are things to keep in
mind when you're planning your budget:
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Taxes—Once you start working full time, your
salary goes up—and usually so does your tax
bracket. Unlike your parents, who can usually
list expenses such as mortgage interest or
dependents, you probably won't have many
deductions.
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Health insurance—If you're lucky enough to get
full coverage from your employer, great. But
don't be surprised if you have to contribute a
portion of your salary.
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Dental insurance—Most employers will provide it
for a nominal fee.
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Renters insurance—It might not seem necessary,
but renters insurance can be a lifesaver in case
you have to deal with theft, flooding or fire.
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Car insurance—Make sure you do your research and
budget accordingly. Car insurance is often a shock
to new grads, and it's usually higher in big
cities or if you have a poor driving record.
Maintaining a car can be confusing, especially when
you're juggling other priorities the first few years
after college. In order to avoid car troubles, make
sure you get your oil changed every 3,000 miles,
schedule a tune-up every 30,000 miles, frequently
check your tires for uneven wear, and get your car
washed regularly, not only to look good, but to
prevent rust and corrosion. And if you're a total
novice, check out Automotive 101, a Web site filled
with maintenance tips and answers to common
questions. It's easy to understand and even offers
illustrations.

Just because you've graduated doesn't mean you
care any less about Michigan football! When the
team hits the road this fall, make plans to join
other Wolverines to cheer the team on! To relive
the Michigan spirit with other Michigan fans, make
sure you tailgate with the Alumni Association. We
have a new format this year for our True Blue
Away-Game Tailgates, featuring new low ticket
prices and a la carte food options. Tickets start
at only $5, so you can be flexible on game
day—come for the entire tailgate, stop by for a
bit of Michigan spirit as you explore the home
team's campus or bring the whole gang. Here's the
schedule for 2004:
- Saturday, September 11: Michigan at Notre Dame Away-Game Tailgate
- Saturday, October 2: Michigan at Indiana Away-Game Tailgate
- Saturday, October 9: Michigan vs. Minnesota Go Blue Homecoming Tailgate
- Saturday, October 16: Michigan at Illinois Away-Game Tailgate
- Saturday, October 23: Michigan at Purdue Away-Game Tailgate
- Saturday, November 20: Michigan at Ohio State Away-Game Tailgate
For details and to buy your tickets, visit our Web site.

One of the Alumni CareerPort's partners, Monster,
has some great tips for making the most of your
first job.
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Have a good attitude. Many employers complain
that new grads expect too much or are arrogant and
condescending.
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Pay attention to how staff members interact.
You'll learn a lot about who is really in
charge, regardless of what the organization
chart says. Knowing how decisions are made and
who calls the shots is information that will
serve you throughout your career.
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Use your first job to build skills by
volunteering for projects and taking advantage of
professional development opportunities.
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Ask for regular feedback and keep a file of
any compliments you may receive. These will come
in handy for advancement and future job
possibilities.
Read all the tips at Monster.com.
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